Mark Karns Joins Ingredion as VP Corporate Development and M&A

Company Leadership and Strategy - Mark Karns appointed as Vice President of Corporate Development and M&A, effective December 2, 2024 [1] - Karns will lead a combined corporate strategy and M&A function to align and optimize Ingredion's strategic growth agenda [2] - Karns brings extensive experience in M&A, capital markets, and consulting, with a proven track record in consumer sectors including food and beverage [3][5] - Karns previously served as global head of M&A at Whirlpool Corporation and executed over 60 M&A and financing transactions during his tenure at Baird [5] Company Overview - Ingredion is a leading global ingredient solutions provider with 2023 annual net sales of approximately $8 billion [7] - The company serves customers in nearly 120 countries and operates Ingredion Idea Labs® innovation centers worldwide [7] - Ingredion transforms grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for various markets including food, beverage, and industrial sectors [7] Leadership Vision - Karns aims to help Ingredion achieve its aspiration to be recognized as the go-to provider for texture and healthful solutions that "make healthy taste better" [4]